6046 Rancho Mission Rd Unit 375San DiegoCA92108
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeHigh DSCR is a competitive advantage at closing. 6046 Rancho Mission Rd Unit 375, San Diego, CA, 92108 in San Diego achieves 1.61, rent of $2,387/mo covers the $1,484/mo payment 1.5x over at $330,000. Rental yield 8.68%. That makes it both an efficient operational hold and a straightforward underwrite for Ziffy Mortgage's DSCR program. No domestic credit history or income documentation required. Appreciation at 5%/yr adds $91,173 over five years, with $3,039/yr in principal reduction bringing total projected return to $147,375.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 4.8% |
| Monthly Cash Flow | $(88) | $1,850 |
City averages based on San Diego market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,387 |
| Total Monthly Debt Service | $1,910 |
| DSCR Ratio | 1.25x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1977
2.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92108, San Diego, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,512 (100%) |
| Owner Occupied HU | 4,457 (27.0%) |
| Renter Occupied HU | 10,797 (65.4%) |
| Vacant Housing Units | 1,258 ( 7.6%) |
| Median Home Value | $831,334 |
| Average Home Value | $947,172 |
Housing Distribution
Address Breakdown
Residential
15,635
Single Family
8,068
Multi-Family
7,567
Businesses
2,485
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Condo
Built in 1977
2.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 92108, San Diego, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,512 (100%) |
| Owner Occupied HU | 4,457 (27.0%) |
| Renter Occupied HU | 10,797 (65.4%) |
| Vacant Housing Units | 1,258 ( 7.6%) |
| Median Home Value | $831,334 |
| Average Home Value | $947,172 |
Housing Distribution
Address Breakdown
Residential
15,635
Single Family
8,068
Multi-Family
7,567
Businesses
2,485
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kristin K Slaughter • Berkshire Hathaway HomeServices California Properties
Mls Name: SDMLS
Mls ID: #260002633